Several trading tips from the world's top traders:
After making a profit in the market, it is very important to give yourself a few days off to relax. People tend to work hard until they can no longer make a profit, but experience tells us that taking a good break in the middle can prolong this momentum of success.
If you are a good trader, it only means that you may make the right decision 6 times out of 10 transactions. You can't make the right decision 9 times out of 10.
It takes 20 years to build a business and only 5 minutes to destroy it. Knowing this can change the way you do things.
Investments that make you feel right usually don't bring you profits.
The market is always in a state of eternal change and uncertainty. Too obvious trends may be illusions. You can only make profits by trading those unexpected market conditions.
As long as you lose money, you must continue to reduce the investment in the transaction. The fund management skills should be conservative. Don't invest most of the account funds, let alone all assets.
The goal of a successful trader is to make the best trades, and profit should be put second.
When hunting, crocodiles must first understand their prey, know where to find it, and stay calm and patient before it appears. As traders, we need to know where our advantages are and how to use them. What we need to do next is to manage ourselves and not over-trade before good opportunities appear.
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